Inventory Purchase. (a) Prior to the Closing Date, the Parties will coordinate in order to identify the total Inventory relating to the Divisions and the Assets, which Inventory and purchase price thereof to be paid by Purchaser shall be set forth on Section 2.5 of the Disclosure Schedule (the “Inventory Schedule”), provided that the Seller shall update the Inventory Schedule within thirty (30) days after the Closing to reflect any adjustments and/or corrections to the Inventory as of the Closing Date. The purchase price for each item of Inventory on the Inventory Schedule shall be determined in a manner consistent with Seller’s past practice and as follows:
Inventory Purchase. XXXXXX & NOBLE shall purchase the Bookstore inventory from CUESTA COLLEGE at the College’s cost. XXXXXX & XXXXX shall purchase the Bookstore inventory as follows: • New textbooks that have been adopted for an upcoming term or semester shall be purchased by XXXXXX & NOBLE up to the quantity of anticipated enrollment at the actual cost to CUESTA COLLEGE (i.e., publisher’s invoice cost). • Used textbooks that have been adopted for an upcoming term or semester shall be purchased by XXXXXX & XXXXX up to the quantity of anticipated enrollment at the Bookstore’s current new textbook retail price, less the standard industry purchase cost factor (i.e., fifty percent (50%) as of March 2019). • All general books (e.g., trade books, reference books, technical books, etc.) purchased by the Bookstore in the twelve-month period prior to the Agreement start date shall be purchased by XXXXXX & NOBLE at invoice cost. All general books purchased by the Bookstore more than twelve months prior to the Agreement start date, and in clean and saleable condition, shall be purchased by XXXXXX & XXXXX at invoice cost. All other general books shall be purchased by XXXXXX & NOBLE at a price to be negotiated by CUESTA COLLEGE and XXXXXX & XXXXX. • All general merchandise purchased by the Bookstore in the twelve-month period prior to the Agreement start date shall be purchased by XXXXXX & NOBLE at invoice cost. All general merchandise purchased by the Bookstore more than twelve months prior to the Agreement start date, and in clean and saleable condition, shall be purchased by XXXXXX & XXXXX at invoice cost. All other general merchandise shall be purchased by XXXXXX & NOBLE at a price to be negotiated by CUESTA COLLEGE and XXXXXX & XXXXX. General merchandise includes, but is not limited to, art supplies, school and office supplies, computer software, computer peripherals, computer supplies, general merchandise, emblematic merchandise, emblematic clothing, gifts, greeting cards, convenience items, health and beauty aids (HBA’s), graduation merchandise, etc.
Inventory Purchase. Acura shall test the items listed on Exhibit 6.9 at Acura’s cost in accordance with Egalet’s standard operating procedures for its viability for use in manufacturing the Product and shall provide Egalet with the results of such testing in writing. If such testing confirms that such items meet the specifications for such materials, Egalet shall purchase such API and packaging inventory, as listed on Exhibit 6.9, from Acura at Acura’s cost (as specified in such Exhibit). [*****] Prior to use of the API comprising a portion of the purchased inventory, Egalet shall conduct such testing as it shall determine reasonably necessary to confirm such API meets applicable specifications. If the API fails to meet applicable specifications, Egalet shall return such non-conforming API to Acura and Acura shall refund to Egalet all amounts paid therefor, including shipping costs. To the extent Egalet, its Affiliates or its Contract Manufacturer, have been unable to use the purchased inventory in the Manufacture of the Product within [*****] following the Launch of the Product, Egalet may return such remaining purchased inventory to Acura for a refund (determined based on the unit costs provided in Exhibit 6.9). ***** Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission; omitted portions have been separately filed with the Commission.
Inventory Purchase. AI shall pay to Vysis in U.S. Dollars the net book value of the Inventory identified by AI in Schedule 3 up to Five Hundred Thousand Dollars ($500,000) within forty-five (45) days of the Closing by wire transfer. In regards to any additional Inventory identified by AI on Schedule 3 in excess of the $500,000 net book value limit (including demonstration units), AI shall make payment to Vysis within one hundred-eighty (180) days of the Closing by wire transfer.
Inventory Purchase. (a) At the Closing, the Buyer shall pay the Seller an amount (the “Inventory Payment”) as an initial payment for the estimated value of the Inventory as of the Closing Date. The Inventory Payment shall be an amount equal to the value of the Inventory as determined by the Seller two (2) Business Days prior to the Closing Date. The Seller shall determine the Inventory volume based upon product summary reports for each of the respective locations of the Inventory and shall value the Inventory utilizing the pricing formula set forth in Exhibit 2.6 hereto.
Inventory Purchase. As soon as practicable (but no later than June 2, 1999, Seller shall deliver to Buyer its production schedule covering inventory of Products scheduled for delivery on or after June 9, 1999. Buyer will promptly thereafter notify Seller of the inventory scheduled for delivery on or after June 9, 1999 that it wishes to purchase. Buyer agrees to pay for any purchases of Products under this Section 5.16 (not as part of the Purchase Price) within 30 days of receiving an invoice from Seller. The price for such inventory shall be Seller’s 1999 standard cost of goods (using generally accepted accounting principles consistently applied) or invoice price to Allergan, as applicable, plus 10%. Any inventory of Products manufactured by Seller on or after June 9, 1999 and any work in progress (defined as product in production, excluding raw material that have not been mixed or assembled) on the Closing Date shall not be deemed “Inventory” under this Agreement unless done so by Seller in Seller’s sole discretion. Seller will be free to cease production of inventory not purchased by Buyer under this Section 5.16, and Buyer hereby acknowledges and agrees that Seller will not be in violation of any covenants pertaining to the operation of the business before the Closing contained in this Agreement by reason of such cessation of production.
Inventory Purchase. Supplier shall purchase from American, in cash or certified funds, the following inventory at the prices shown below. This inventory is to be used in support of American's landing gear requirements and in the event of termination of this agreement, American shall have the first right of refusal to purchase back at a mutually agreed upon price not to exceed the prices shown below.
Inventory Purchase. 16.1 UTStarcom agrees to issue [***] firm purchase orders to P&C for the entire inventories listed below with delivery dates in [***] and [***]. Details of purchase price and shipment schedule are set forth in Attachment A, attached hereto and made a part hereof. The total Purchase price for Products listed below shall be [***] net paid to the account designated by P&C by the end of business hours of September 28th, 2006 in Korean time. Volume Model September October FOB MDF CDM-8920SP [***] units [***] units [***] CDM-8940VW (shipped) [***] units [***] CDM-8940VW(stored in P&C) [***] units [***] CDM-180VW [***] units [***] CDM-8945VW [***] units [***] units [***] PC-5740VW [***] units [***]
Inventory Purchase. 2.1 SMTC agrees to purchase all NETRIX active system level inventory ("baseline inventory") presently located at the SMTC facility. SMTC shall pay NETRIX for baseline inventory within 45 days of the date materials are consumed. Notwithstanding the foregoing, SMTC shall cancel the purchase of any baseline inventory not consumed within 6 months of the date of this Agreement and NETRIX agrees to accept cancellation of the purchase of any such inventory. At that time, all unconsumed baseline inventory will be placed in a NETRIX owned stock location so that it may be utilized for repair/rework requirements, or in the event that there is future demand for the inventory. NETRIX shall have the risk of loss of any such unconsumed inventory.
Inventory Purchase. Watsco and Rheem hereby agree that Section 3.7 of the Subscription and Shareholders' Agreements for Heating & Cooling Supply, Inc. and Comfort Supply, Inc. shall continue to be valid, binding and enforceable obligations of each of Watsco and Rheem.
